Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation
Academy of Managed Care Pharmacy: Strong Programs, High Reserves
EIN: 223020486 · Alexandria, VA · NTEE: U20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $30.7M |
| Total Expenses | $24.7M |
| Program Spending | 75% |
| Net Assets | $13.9M |
| Transparency Score | 85/100 |
Is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation (EIN: 223020486) is a nonprofit organization based in Alexandria, VA, classified under NTEE code U20. The organization reported total revenue of $30.7M and total assets of $19.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.9M |
| Total Expenses | $24.7M |
| Surplus / Deficit | $-3,765,974 |
| Total Assets | $22.3M |
| Total Liabilities | $8.3M |
| Net Assets | $13.9M |
| Operating Margin | -18.0% |
| Debt-to-Asset Ratio | 37.4% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation reported a deficit of $3.8M with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 37.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +20.2% | -11.7% |
| 2022 | -6.0% | +17.8% | -6.9% |
| 2021 | +26.2% | +12.5% | +18.7% |
| 2020 | -1.6% | -8.8% | +8.8% |
| 2019 | +5.4% | +20.3% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.4%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation:
- Consistently strong revenue generation, with 2023 revenue at $20,915,081.
- Healthy asset base of $22,270,179 in 2023, providing financial stability.
- Low liability-to-asset ratio, indicating sound financial management.
- Consistent growth in net assets over several years.
Frequently Asked Questions about Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation
Is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation a legitimate charity?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation (EIN: 223020486) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $30.7M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation spend its money?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation tax-deductible?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 223020486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's spending goes to programs?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is above average for NTEE category U20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation located?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is headquartered in Alexandria, Virginia and files with the IRS under EIN 223020486. It is classified under NTEE code U20.
How many years of IRS 990 filings does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation have?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30.7M in total revenue.
What does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation do?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is a nonprofit organization in the Science & Technology sector, located in Alexandria, Virginia. It is classified under NTEE code U20.
How much revenue does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation have?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation reported total revenue of $30,671,900. Based on 13 IRS 990 filings on record.
What are Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's total assets?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation holds total assets of $19,906,816 as reported in IRS 990 filings.
Where is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation located?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is based in Alexandria, Virginia.
What is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's EIN?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's Employer Identification Number (EIN) is 223020486. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is classified under NTEE code U20 (Science & Technology).
Is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation a registered 501(c)(3)?
Yes, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is recognized as a tax-exempt organization by the IRS. EIN: 223020486.
Does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation file IRS Form 990?
Yes, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's revenue in 2023?
In the 202312 filing period, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation reported total revenue of $20,915,081, total expenses of $24,681,055, and net assets of $22,270,179.
Is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's revenue growing or declining?
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's revenue is growing. Revenue went from $19,535,762 (202212) to $20,915,081 (202312), a +7.1% change. Based on 13 filings on record.
What is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation covers tax period 202312. It shows revenue of $20,915,081, expenses of $24,681,055, total assets of $22,270,179, and liabilities of $8,326,214.
How much does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation spend on programs vs administration?
Based on IRS 990 analysis, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's strengths?
Positive indicators for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation include: Consistently strong revenue generation, with 2023 revenue at $20,915,081.. Healthy asset base of $22,270,179 in 2023, providing financial stability.. Low liability-to-asset ratio, indicating sound financial management.. Consistent growth in net assets over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Academy of Managed Care Pharmacy manage its significant net assets, and what is the strategic intent behind maintaining such a substantial reserve?
The Academy of Managed Care Pharmacy has consistently grown its net assets, reaching $22,270,179 in 2023. This substantial reserve likely provides financial stability, allows for strategic investments in future programs, and acts as a buffer against economic uncertainties, ensuring long-term sustainability for its mission.
Filing History
IRS 990 filing history for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation's revenue has grown by 168.2%, moving from $7.8M to $20.9M. Total assets increased by 77.4% over the same period, from $12.6M to $22.3M. Total functional expenses rose by 211.9%, from $7.9M to $24.7M. In its most recent filing year (2023), Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $8.3M in liabilities against $22.3M in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $13.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.9M | $24.7M | $22.3M | $8.3M | — | — |
| 2022 | $19.5M | $20.5M | $25.2M | $8.9M | — | View 990 |
| 2021 | $20.8M | $17.4M | $27.1M | $6.7M | — | View 990 |
| 2020 | $16.5M | $15.5M | $22.8M | $6.4M | — | View 990 |
| 2019 | $16.7M | $17.0M | $21.0M | $6.2M | — | — |
| 2017 | $15.9M | $14.1M | $21.3M | $6.9M | — | View 990 |
| 2016 | $15.3M | $13.5M | $17.6M | $5.4M | — | View 990 |
| 2015 | $12.8M | $11.7M | $14.6M | $4.8M | — | View 990 |
| 2014 | $10.3M | $9.6M | $12.3M | $3.3M | — | View 990 |
| 2013 | $3.2M | $4.2M | $10.0M | $1.9M | — | View 990 |
| 2013 | $7.7M | $7.9M | $10.7M | $1.6M | — | View 990 |
| 2012 | $8.7M | $9.0M | $11.1M | $2.2M | — | View 990 |
| 2011 | $7.8M | $7.9M | $12.6M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.9M, expenses of $24.7M, and assets of $22.3M (revenue +7.1% year-over-year).
- 2022: Revenue of $19.5M, expenses of $20.5M, and assets of $25.2M (revenue -6.0% year-over-year).
- 2021: Revenue of $20.8M, expenses of $17.4M, and assets of $27.1M (revenue +26.2% year-over-year).
- 2020: Revenue of $16.5M, expenses of $15.5M, and assets of $22.8M (revenue -1.6% year-over-year).
- 2019: Revenue of $16.7M, expenses of $17.0M, and assets of $21.0M (revenue +5.4% year-over-year).
- 2017: Revenue of $15.9M, expenses of $14.1M, and assets of $21.3M (revenue +3.8% year-over-year).
- 2016: Revenue of $15.3M, expenses of $13.5M, and assets of $17.6M (revenue +19.1% year-over-year).
- 2015: Revenue of $12.8M, expenses of $11.7M, and assets of $14.6M (revenue +25.3% year-over-year).
- 2014: Revenue of $10.3M, expenses of $9.6M, and assets of $12.3M (revenue +221.8% year-over-year).
- 2013: Revenue of $3.2M, expenses of $4.2M, and assets of $10.0M (revenue -58.6% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.9M, and assets of $10.7M (revenue -11.0% year-over-year).
- 2012: Revenue of $8.7M, expenses of $9.0M, and assets of $11.1M (revenue +10.9% year-over-year).
- 2011: Revenue of $7.8M, expenses of $7.9M, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.